The Super Terrific Happy Hour

Next up was DRYS, 3.50 was a major level but i couldnt tell if i was chasing there, lots of volume on it today too, honestly think this thing could go 5+ next week, if it goes, bought 4k shares at 3.50, then right when i was doing the happy dance at 3.75 it failed just like PYPL lol, ended up dumping most of it in the 60's, still holding on too 1000 shares, looking to build into it next week if the move confirms and it pushes towards 4, i will get very aggressive with this thing if it looks like its breaking 4 dollars, but im leary of holding this thing overnight cause they have a tendency to raise money when the stock rises, but the daily on it looks solid right now.

On the daily it keeps creating a base and pushing higher, setting higher lows, i know what this stock is capable and know how many people are short it so i think any push through 4 bucks and it explodes.

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other than that, i still had 500 shares of UL short from 56.90 yesterday, i had like 4 or 5k short from there yesterday and chopped it in half when i got buried on the ES thinking it was just going sideways, then yesterday at the close covered everything but 500, today it went another buck, could have made 10k, simply by shorting 5k shares yesterday morning and holding till today, and only needed to have 6 cents risk, with a stop over 57, lol kind of blew this one but still a good trade.

Also had a short HPQ position against some 22 dollar calls bought the calls for 1 cent, dumped them for 7 cents, and took about the same sized loss on the shares, so it basically ended up being a scratch.

I also bought a bunch of 24 dollar calls for next week on GE big reversal today on volume, that generally signals the bottom of a downtrend, hoping it tries to break 25 next week.

All around it was an amazing day, just need to avoid shooting myself in the dick on trades like yesterday on the ES otherwise it would have been a monster week, it was still a big week, but not a monster.
 
exGOPer said:
Bookmarking for later.
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Good to go, i dont update it as much as id like to anymore cause its a pain in the ass doing a write up every day after ive been up since like 5 in the morning, but i will keep it up to date 100% during the time you wanna do it.
 
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